Exploring Core Functionalities of Dynamics 365 Finance & Operations Across Supply Chain Management
Undoubtedly, supply chain management is a complex task and requires the right solution that can simplify and consolidate disparate information. Data across sales process, suppliers, order fulfillment, product performance, and customer service matters a lot for any business and organizations need to leverage data to get successful. Microsoft Dynamics 365 Finance & Operations offers tremendous functionality across Supply Chain Management. Dynamics 365 for Supply Chain unifies back and front office processes, enabling manufacturers to dynamically adjust distribution, as well as production, to accelerate the speed of delivery.
How Dynamics 365 Can Streamline Your Supply Chain?
IoT-enabled visibility and services:- To lower the cost, IoT based single platform that can integrate back and front office processes is the best way. IoT offers real-time insights that help manufacturers to identify simple inefficiencies from sourcing. Since Dynamics 365 and Azure are both in the Microsoft family, they are easily integrated to allow for real-time results, enabling manufacturers to get deep insights to make informed decisions.
Powerful Analytics:- Statistics suggest that 50 % of manufacturing supply chains have been benefited from digital transformation. With powerful Business Intelligence, Dynamics 365 Finance & Operations helps in offering real-time visibility into resources using a unified resource model and scheduling engine. Predictive intelligence also improves product quality by identifying and resolving issues in real-time.
Cloud-delivered data visualizations:- Organizations require visualization and management of information in real-time, across mobile devices. Decision makers need information on-the-go and want to communicate with each other. Dynamics 365 mobile app enables an organization to make its business processes available on mobile devices. Users can sign in to the app and immediately begin to run business processes from their mobile devices.
Dynamics 365 for Finance & Operations Supply Chain modules functionality include:
- CRM for Sales and Marketing
- Full access to customer information and orders
- Inventory Management
- Inventory Dimensions
- Inventory tracking by Site, Warehouse, Pallet, Location, Batch and Serial Number
- Inventory valuation methods including first in/ first out, last in/ first out, standard cost, moving, and weighted average.
- Multi-site warehouse management
- Demand forecasting
- Transportation management
- Order Promising
- Distribution planning
- Quality Management
More Functionality for Procurement & Sourcing:
- Direct & indirect procurement
- Purchase requisitions
- Request for Quote
- Supplier relationship management
- Vendor self-service portal
Functionality across Mobility:-
- Time and expense reporting
- Purchase order approvals
- Inventory on hand
- Sales Orders